577 East 94TH Street, New York City, NY 11236
Listing Courtesy of Corcoran Group
$999,000
Potential Rebate: $14,985
Overview
<strong>577 East 94th Street Canarsie, Brooklyn<br> </strong> <strong>Legal 3-Family with Private Driveway & Garage Delivered Vacant</strong> <br> <br> Offered for the first time in over five decades, 577 East 94th Street presents a rare opportunity to own a semi-detached, legal three-family home in the heart of Canarsie, Brooklyn. Situated on a quiet residential block, this expansive property features a private driveway, two-car garage, full finished basement, front porch and a rear yard, offering both immediate comfort and long-term potential. <br> <br> Delivered fully vacant at closing, the home is ideal for both end-users and investors. Live in one unit while generating rental income from the others, or unlock the property's value as a strong income-producing asset. <br> <br> Each of the three floor-through apartments offers generous square footage, multiple exposures, and flexible layouts filled with natural light. The virtually staged images showcase the home's potential to be reimagined into inviting, modern living spaces. In addition, the property benefits from R5 zoning and approximately 1,800 square feet of unused FAR, creating opportunities for future expansion or customization. <br> <strong><br> Current Layout:</strong> <ul> <li> <strong>Top Floor (Apt 3):</strong> 4 Bedrooms / 1 Bathroom, Living Room, Dining Room, Kitchen</li> <li> <strong>Parlor Floor (Apt 2):</strong> 3 Bedrooms / 1 Bathroom, Living Room, Dining Room, Kitchen</li> <li> <strong>Ground Floor/Basement (Apt 1):</strong> 2 Bedrooms / 1 Bathroom, Living/Dining Combo, Kitchen, Laundry Area, Mechanical Room, Storage</li> <li> <strong>Exterior: </strong>Porch, Rear Yard, 2-Car Garage, Private Driveway</li> </ul> Conveniently located near the L train at Canarsie-Rockaway Parkway for a direct commute to Manhattan. Nearby bus lines-including the B17, B60, and B103-offer additional connectivity throughout Brooklyn. <br> <br> 577 East 94th Street combines space, flexibility, and future potential, all in a well-established Brooklyn neighborhood. Don't miss the opportunity to make this versatile property your own.
Home Features
- •In Unit
- •Private Outdoor Space Over 60 Sqft
- •Smoke Free
Estimated Monthly Payment
$13,632 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$14,985
Monthly savings impact
$42/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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937 East 95TH Street, New York City, NY 11236
Listing Courtesy of ISLAND ADVANTAGE REALTY LLC
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Listings
RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20045356
Price Analysis
Compare average listing prices and value metrics for 577 East 94TH Street against the surrounding Canarsie market.
Average List Price
Price Per SqFt
59.40% Lower
than the Canarsie price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Canarsie
Overview of Canarsie
Canarsie is a waterfront community with a Caribbean beat. Located on Jamaica Bay, it is a neighborhood of homeowners who take pride in their lawns and their history. For buyers seeking Canarsie Brooklyn real estate, it offers affordable detached homes and water access.
Living in Canarsie is vibrant. The pier is a major gathering spot for fishing and concerts. As a Brooklyn NYC neighborhood, it has a strong, distinct identity.
Real Estate & Housing Market
The market for homes for sale in Canarsie includes 1- and 2-family detached and semi-detached homes.
It is one of the most affordable areas for buying a house in Brooklyn.
Lifestyle & Community
The lifestyle in Canarsie is neighborly. Block parties are legendary. The Canarsie Pier is the heart of the summer.
The community is predominantly Afro-Caribbean and African-American.
Transportation & Accessibility
Canarsie is the end of the L train line (Rockaway Pkwy). It sits far east, so the commute is longer, but you always get a seat.
Parks, Schools & Amenities
Canarsie Park spans the waterfront with skate parks and cricket fields.
Amenities: The Gateway Center mall is nearby for big-box shopping.
Who This Neighborhood Is Best For
Canarsie is best for first-time home buyers, fishing enthusiasts, and those seeking community connection.
